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Author Question: The change in quantity demanded derived from a change in price is a. the movement along a demand ... (Read 69 times)

deesands

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on: Jul 1, 2018
The change in quantity demanded derived from a change in price is
 a. the movement along a demand curve
  b. the movement along a supply curve
  c. a shift in the demand curve
 d. a shift in the supply curve

Question 2

Four possibilities have probabilities 0.4, 0.2, 0.2 and 0.2 and values 80, 30, 0, and -80 respectively. The expected value is:
 a. 22
  b. 24
  c. 26
  d. 28


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nathang24

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

a


deesands

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

jomama

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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